Niall Ferguson's Obama story, fact-checked

Krugman is correct — the magazine, like many others, does not have a fact-checking department. "We, like other news organisations today, rely on our writers to submit factually accurate material," Newsweek spokesman Andrew Kirk told POLITICO.

Fortunately, The Atlantic's Matthew O'Brien has gone through Ferguson's Newsweek story with a fine-toothed comb and weeded out the factual from the counter-factual. The results are fairly damning:

[R]ather than make this straightforward case against the current administration, Ferguson delves into a fantasy world of incorrect and tendentious facts. He simply gets things wrong, again and again and again.